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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Various fi nancial data for the past two years follow. Calculate the total productivity measure and the partial measures for labor, capital, and raw materials for this company for both years. What do these measures tell you about this company?
Â
| Â | Â |
Last Year |
This Year |
|
Output: |
Sales |
$200,000 |
$220,000 |
|
Input: |
Labor |
30,000 |
40,000 |
| Â |
Raw materials |
35,000 |
45,000 |
| Â |
Energy |
5,000 |
6,000 |
| Â |
Capital |
50,000 |
50,000 |
| Â |
Other |
2,000 |
3,000 |
Â
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